California officials are working to make health insurance for California more affordable and value-based with plans for an Internet-based exchange. The plan is expected to not only help individual consumers, but to also help business owners struggling with escalating California health insurance rates.
In California, health insurance premium increases have outpaced the
walmart survey rate of inflation by more than four fold. While the state's overall inflation rate has increased 23.1 percent since 2002, California health insurance premiums increased by 117.5 percent.
